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Solo shows the percentile for each metric against plans of the same size and industry. $4.99 for your first month, then $34.99 a month. Cancel any time.
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Solo shows up to ten years of filings for this plan, year over year. $4.99 for your first month, then $34.99 a month. Cancel any time.
| Provider | Service type | Compensation |
|---|---|---|
PAYCHEX, INC.1+ years Service code 15 · EIN 16-1124166 | Recordkeeping | $798 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $22,521 | $70,002-67.8% | $115,037-80.4% | $52,331-57.0% |
| Participation rate | 64.0% | 72.1%-8.1pp | 81.4%-17.3pp | 68.1%-4.1pp |
| Annual return | 9.00% | 4.04%+5.0pp | 26.14%-17.1pp | 4.54%+4.5pp |
| Employer contribution / active EE | $0 | $2,715-100.0% | $4,608-100.0% | $1,882-100.0% |
| Participant deferral / active EE | $2,834 | $4,920-42.4% | $6,026-53.0% | $3,022-6.2% |
| Admin fee / account holder | $108 | $566-80.9% | $8,175-98.7% | $592-81.7% |